What are Coupang's profit margins?

Coupang (CPNG) runs a 28.8% gross margin and a 0.2% operating margin, with a 1.2% net margin.

Where do Coupang's ratios come from?

Every ratio is computed from Coupang's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Coupang CPNG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	28.8%-0.6pp	29.4%-0.6pp	30%+0.1pp	29.9%+0.2pp	29.7%+0.5pp
Operating margin	0.2%-1.2pp	1.4%-0.9pp	2.3%+0.1pp	2.2%+0.5pp	1.8%+0.3pp
Returns
Return on invested capital	1.5%-8.9pp	10.3%-6.6pp	16.9%-2.1pp	19%+5.8pp	13.1%-2.4pp
Efficiency
Asset turnover	2.1×0.0×	2.1×+0.2×	1.9×0.0×	2×-0.1×	2×-0.1×
Liquidity
Current ratio	1×-0.1×	1×0.0×	1.1×0.0×	1.1×-0.1×	1.2×0.0×
Leverage
Debt-to-equity	1.4×+0.4×	1×0.0×	1×+0.1×	0.9×0.0×	0.9×0.0×
Net debt / EBITDA	-1.6×+0.2×	-1.8×+0.1×	-1.9×+0.2×	-2.1×0.0×	-2.1×+0.6×
Per Share
Book value per share	$2.15-13.6%	$2.49-2.0%	$2.54+0.7%	$2.53+6.2%	$2.38+5.8%
Valuation
Market capitalization	$34.52B-19.9%	$43.09B-26.6%	$58.7B+11.7%	$52.56B+32.8%	$39.59B+0.1%
Price / sales	1×-0.3×	1.2×-0.5×	1.7×+0.1×	1.6×+0.4×	1.3×0.0×
Price / book	8.8×-0.5×	9.3×-3.1×	12.4×+1.2×	11.2×+2.2×	9.1×-0.6×
EV / EBITDA	54.5×+12.8×	41.7×-2.3×	44.1×+2.5×	41.6×+4.5×	37.1×-5.7×

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Questions, answered.

What are Coupang's profit margins?: Coupang (CPNG) runs a 28.8% gross margin and a 0.2% operating margin, with a 1.2% net margin.
Where do Coupang's ratios come from?: Every ratio is computed from Coupang's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.